<p>Is there any formula out there for "guesstimating" the increased cost of tuition and room/board over the 4-5 or more years of college?</p>
<p>It sure sounds great to receive a renewable merit award of $XXX, but that award won't be worth as much by, for example, the student's junior year.</p>
<p>Worrying about paying for the 4-5 years....</p>
<p>I used the search function on the college's website to see what tuition/COA was for 06/07 and 07/08 vs 08/09 to get an idea of average annual increase. Some schools increase R&B at a higher rate than tuition, some visa versa. Saw a few school with a projected increase for 09/10 already posted in printed or online material. Hope you don't have too many to evaluate!</p>
<p>Thanks sk8rmom-</p>
<p>I'm waiting on 1 more pending acceptance (fingers crossed) and two more Fin Aid offers. Then it's decision time. I kind of fgorgot about inflation until my mom brought it up and said we had to look at the entire picture- not just for freshman year, but for all four years.</p>
<p>You're a good kid, G - I mention the same to my D and she suggested that I might like to research that for her...</p>